Page 682 - Latest News
Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs
RBI Governor Sanjay Malhotra urged banks to lower intermediation costs, improve service quality, and strengthen fraud safeguards, citing faster transmission after recent rate cuts
 "Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs")
Best of BS Opinion: When the tents collapse and the beasts run free
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: When the tents collapse and the beasts run free")
Datanomics: Pilot fatigue a concern in a growing aviation sector
The survey highlighted the impact of frequent tail swaps-when airlines switch the aircraft assigned to a flight
 "Datanomics: Pilot fatigue a concern in a growing aviation sector")
AI, LLM training: DPIIT mulls govt-fixed royalty rates for content creators
DPIIT released these guidelines as part of a working paper late Monday night, giving stakeholders 30 days to submit their views
 "AI, LLM training: DPIIT mulls govt-fixed royalty rates for content creators")
Retail inflation may have remained muted in November, say economists
Economists' projections ranged from 0.5 per cent on the lower end to 1 per cent, with the median projection at 0.7 per cent
 "Retail inflation may have remained muted in November, say economists")
2025 tests active largecap funds' outperformance amid tougher markets
The picture is even weaker for regular plans, with just two schemes managing to stay ahead of the benchmark
 "2025 tests active largecap funds' outperformance amid tougher markets")
No law should be burden on citizens, govt reforms must make life easy: PM
Addressing an NDA parliamentary party meeting here, Modi also said the country is now in a full-fledged 'Reform Express' phase, where reforms are happening rapidly and with clear intent
 "No law should be burden on citizens, govt reforms must make life easy: PM")
Karnataka High Court recalls stay on one-day monthly menstrual leave
The Karnataka High Court will hear the state and petitioners on interim relief in challenge to Karnataka's one-day paid menstrual leave notification, after it first stayed and then recalled the stay
 "Karnataka High Court recalls stay on one-day monthly menstrual leave")
Govt asks crisis-hit IndiGo to cut 10% domestic flights until March
The cancellations will apply to high-frequency domestic routes and not to the roughly 600 routes where IndiGo is the sole operator
 "Govt asks crisis-hit IndiGo to cut 10% domestic flights until March")
Supreme Court questions inclusion of CAA applicants in electoral rolls
Supreme Court says citizenship must be granted before applicants can be added to electoral rolls, declining to fix timelines for pending CAA applications
 "Supreme Court questions inclusion of CAA applicants in electoral rolls")
Social media firms urge Karnataka to consult public on misinformation Bill
Social media cos urge Karnataka govt to conduct public consultation before tabling bill on misinformation in assembly
 "Social media firms urge Karnataka to consult public on misinformation Bill")
Defence R&D: Parliamentary panel calls for adequate budgetary provisions
The committee said the ministry is adopting emerging technologies of warfare and it has recommended that adequate budgetary provisions for research and development be made available to the armed force
 "Defence R&D: Parliamentary panel calls for adequate budgetary provisions")
NSFI for relook at BC payouts, use network for cross-selling
The move for the overhaul of the BC channel comes even as the National Institute of Bank Management submitted its report on the channel though it is not yet public
 "NSFI for relook at BC payouts, use network for cross-selling")
Dividend tax on foreign payouts to be capped at treaty rate: Bombay HC
Bombay High Court says dividend tax paid by Indian firms to foreign parents must be capped at treaty rates, a ruling that could open large refund claims for multinationals
 "Dividend tax on foreign payouts to be capped at treaty rate: Bombay HC")
India, EU aim to seal trade pact at the earliest: Commerce Secretary
Commerce and industry minister Piyush Goyal held discussions with EU commissioner for trade and economic security, during December 8-9 to provide strategic guidance to the FTA negotiating teams
 "India, EU aim to seal trade pact at the earliest: Commerce Secretary")
Microsoft bets $17.5 bn on India's AI-first future with cloud, AI infra
The new investment will be used to scale Microsoft's cloud and AI infrastructure, skilling initiatives and ongoing operations across India, Microsoft said
 "Microsoft bets $17.5 bn on India's AI-first future with cloud, AI infra")
Centre resumes MGNREGA works in West Bengal but with stringent riders
Cap of Rs 20 lakh per work; 100% e-KYC and pre-estimation field visits mandatory
 "Centre resumes MGNREGA works in West Bengal but with stringent riders")
IndusInd Bank makes key appointments to strengthen leadership team
IndusInd Bank has made key leadership appointments, naming a new CHRO, chief data officer, head of wholesale banking and an MD and CEO for Bharat Financial Inclusion, its microfinance subsidiary
 "IndusInd Bank makes key appointments to strengthen leadership team")
Fertiliser import likely to jump 41% in FY26 on strong monsoon demand: FAI
No supply shortage anywhere, country has adequate stocks, say officials
 "Fertiliser import likely to jump 41% in FY26 on strong monsoon demand: FAI")
Power Finance Corporation, Sidbi scrap ₹11,500 crore bond issues
Despite a recent RBI rate cut, investor bids stayed above issuer expectations, forcing PFC and SIDBI to cancel planned bond raises amid rising yields and market volatility
 "Power Finance Corporation, Sidbi scrap ₹11,500 crore bond issues")